Leeds United's path to safety has many options as we approach the final two games. Photo: Getty Images/Simon Stacpoole.
As the fight for relegation approaches the final two games, Nottingham Forest, Everton, Leeds United and Leicester City are still battling to stay in the Premier League.
Just four points separate Leicester City, second in the table, from Nottingham Forest, 16th, in a relegation battle that promises to go all the way.
The football team Telegraph Sport reviewers How painful relegation will be for these four teams.
Nottingham ForestCurrent position: 15 Points: 34
Are the club considering a pay cut?
Most members of the Forest team will have their wages reduced if the club is relegated, although there are known to be a few exceptions. A number of overseas contracts may also have buyout clauses in their contracts.
Will this lead to a sell-off and who is their best asset?
Forest could run into potential financial problems with Fair Play after spending so much this season and there should be a sell-off. Morgan Gibbs-White, Brennan Johnson, Danilo, Taiwo Avoni and Felipe will show interest.
What does this mean for the manager?
Steve Cooper's future has been a hot topic for much of the season, with owner Evangelos Marinakis making two statements of public support. The relegation will open the prospect of leaving for him, but Forest will also know that he achieved their promotion to the Championship last season.
Steve Cooper has returned Nottingham Forest to the top flight, but can he keep them there? Photo: Getty Images/Shaun Botterill
What will this mean for the owners?
Marinakis has invested over £350m since taking over in May 2017, and his relegation would clearly be a huge blow. This financial commitment will be critical in the event of relegation, but despite some outsiders opinion, Forest does have a solid foundation.
Are there any other issues off the field that can be influenced?
Forest hopes to build a main grandstand at the City Ground, and this remains the plan despite delays caused by much controversy. Marinakis and senior staff also want to develop the Nigel Doughty Academy's training facility.
How catastrophic will the relegation be?
Forest waited 23 years to complete his exile from the Premier League and falling back immediately would have been a bitter disappointment. Marinakis is also determined to make the club a stable club in the top division to take those plans back a step. Is there a pay cut in the club?
There is no general policy. High-paid players who signed a few years ago wouldn't contact Everton in anticipation of being involved in successive relegation battles, and those who recently renewed their contracts, such as goalkeeper Jordan Pickford, didn't include a relegation clause in their deals. , although it had more to do with the exit point.
Therefore, it is not clear which players and employees will be affected by the pay cuts and by how much. The expectation is that the biggest earnings still have to be unloaded.
Will this lead to a sell-off and who is their best asset?
Inevitably. Even though parachute payments help those who fall, Everton are already in a precarious financial position as their payroll is such that they cannot operate with a budget suitable for a football championship.
Pickford and Dominic Calvert-Lewin are likely to generate immediate interest. Besides them, who would attract attractive offers? Alex Iwobi has been one of Everton's best players this season and Amadou Onana has shown glimpses of a quality that has yet to be completed.
Jordan Pickford has risen above the rest this season as Everton struggle to survive. Photo: Getty Images/Andrew Kearns
What will this mean for the coach?
Sean Dyche moved to Goodison Park with his eyes open. He appears to have established a good working relationship with director of football Kevin Thelwell and their partnership must flourish if Everton enjoy stability.
Dyche has led the team to promotion before and is a league savvy so logically he would have a chance to rebuild whatever division Everton is in. However, the 'logic' does not mix with majority shareholder Farhad Moshiri, so who knows what he will do when scapegoat season begins.
What will this mean for the owner?
Evertonians have already come to the conclusion that the board of directors is to blame for long-standing problems. This will not change even if Everton stays. Moshiri has avoided the most scathing criticism due to the apparent size of his wallet, as well as his decision to retain existing board members and a string of unsuccessful appointments to football operations.
Patience has long since run out and now Moshiri is bigger endure than respect on Gvladis Street. He says he is looking for new investments. Unless major changes happen at Everton this summer, the start of next season is likely to be as toxic as this one. Surviving the next two games won't change that.
Are there any other off-pitch issues that can be influenced?
Everton insist the stadium design is independent of on-pitch issues. On the surface, there is a steady stream of rumors that construction work will one day come to a halt amid speculation that funding for the Moshiri project is unsustainable.
To date, there has been nothing that could help. suggesting that the stadium plans are at risk, the club is reassuring by offering monthly upgrades as the next phase of construction is completed for the 2024-25 season. The new investment will protect the plans for the stadium. It remains to be seen if the downgrade will be a barrier for stakeholders.
How catastrophic will the downgrade be?
He cannot be underestimated. For a club of Everton's stature to be in this situation — having spent more than £500m in the last seven years alone — reeks of mismanagement on a grand scale. There is never one person solely responsible for the collapse of an organization—responsibility is shared among numerous departments—but the man at the top has obviously proven himself helpless in running a football club.
Financially and emotionally, Everton's relegation would be a disaster. Given allegations against the club of alleged overspending, this could be followed by a points penalty or a large fine, meaning a quick return cannot be taken for granted.
Leeds UnitedCurrent Position: 18 Points: 31
Does the club have a wage cut?
Yes. Every player at the club will have their wages cut by 50-60% if they return to the league, in an effort to protect the club from being paid a second-tier Premier League salary. They also added market value buyout clauses to avoid losing players on the cheap.
Will this lead to a sellout and who is their best asset?
There is an expectation that the assets of the club's main players will be sold to make up for the shortfall of not being in the Premier League and missing out on the broadcast money that comes in. Illan Mellier, Patrick Bamford, Tyler Adams, Brenden Aaronson and Willy Gnonto together will return over £100m.
What will this mean for the manager?
If Sam Allardyce managed to pull off a great escape, he would certainly try to stay. But it is not clear which direction it will go if there is a takeover by the US consortium 49ers Enterprises. In the Championship, they will need to formulate a plan for an immediate return.
What will this mean for the owners?
There is an agreement that 49ers Enterprises will buy Leeds this summer, but only if they play in the Premier League. If they are relegated, the Americans may still be interested in a lower price, but it raises the possibility that Andrea Radrizzani will stay at the club to oversee the recovery.
Are there any other concerns? off the field? what could be affected?
Apart from the takeover, Leeds believe they are in a strong position to bounce back if they are relegated. They have serious commercial deals and they will receive parachute payments. Players from their Academy will also have a chance to get into the second level.
How catastrophic will the crash be?
It will be a blow, as the takeover will be in jeopardy if they are relegated. But they looked like candidates for relegation under Jesse Marsh and Javi Gracia — this was not a false position for them. If they fall, they will hope they don't have to wait another 16 years before returning.
Javi Gracia is the 15th manager to leave the Premier League season. Credit: Getty Images/Justin Tallis Leicester CityCurrent Position: 19thPoints: 30
Does the club provide for a pay cut?
Leicester players' wages will be cut by 35-50% depending on wages. The big question is how many team members will be left to suffer the downsizing.
Will this lead to a sell-off and who is their best asset?
< p>The top two Leicester players James Maddison and Harvey Barnes are almost certain to be sold, while the seven who have completed their contracts will leave as free agents.
A terrible season at Leicester City made James Maddison's exit all the more certain. Photo: Getty Images/Robbie Jay Barratt
What will this mean for the manager?
Dean Smith has been given eight games to try to save Leicester and he has a tough task ahead of him. His contract expires after that, and while he will be considered for a longer period, other targets, including Russell Martin and Carlos Corberan, could be in the frame.
What will this mean for the owners?< /strong>
King Power's commitment remains unwavering and Top Chairman Srivaddhanaprabha recently canceled a £194 million legacy debt. Persistent rumors that King Power is looking for outside investment have been debunked.
Are there any other issues off the field that could be affected?
< p>Leicester reported a pre-tax loss of £92.5m earlier this year and will be looking to offload players to lower their base cost. Leicester have borrowed around £70m from Australian bank Macquarie.
How catastrophic will relegation be?
Regardless of relegation, a full reset is required, so this may not be the dire prospect that many might think. This roster will be completely different going into next season, whatever the outcome of their fate.
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